Here’s Why Bitcoin Is the “New Crisis Currency” - Casey ...

Bitcoin - The Currency of the Internet

A community dedicated to Bitcoin, the currency of the Internet. Bitcoin is a distributed, worldwide, decentralized digital money. Bitcoins are issued and managed without any central authority whatsoever: there is no government, company, or bank in charge of Bitcoin. You might be interested in Bitcoin if you like cryptography, distributed peer-to-peer systems, or economics. A large percentage of Bitcoin enthusiasts are libertarians, though people of all political philosophies are welcome.
[link]

BitcoinAirdrops

Bitcoin is the currency of the Internet: a distributed, worldwide, decentralized digital money. Unlike traditional currencies such as dollars, bitcoins are issued and managed without any central authority whatsoever. While bitcoin tokens on the original network can't be copied or counterfeited, the protocol is open source and can be recreated with different parameters. We call these Airdrops.
[link]

CryptoCurrency Stores and shops

A place for everyone to advertise, promote and get advise on starting their own stores and shops that accept payments via Cryptocurrencies like Bitcoins and Litecoins.
[link]

How does somebody(not a country) generate a brand new currency like BitCoin from nothing?

submitted by SomaDisequilibrium to AskReddit [link] [comments]

When creating a new currency (like bitcoin) what creates initial demand?

So I get that a currencies worth is based on the supply and demand. If a lot of people feel like it's useful or feel like it could increase in value then demand goes up, and if the supply is limited then the value of that currency goes up.
But why would anyone buy a brand new currency? Who makes the first move and why? What initially makes it worth anything?
submitted by MinesJA to EILI5 [link] [comments]

ELI5: How do you create a new currency, like bitcoin? How do you give it value?

submitted by aTairyHesticle to explainlikeimfive [link] [comments]

Interesting Blog -point of view: "To understand the price behavior of a new currency like bitcoin, use the quantity theory of money; M·V = P·Q."

submitted by to_cair_paravel to Bitcoin [link] [comments]

Missed Bitcoin? Here's A New Bitcoin Like Currency! [YOU DON'T WANNA MISS THIS]

[I REMOVED MY LINK SINCE IT IS NOW CLOSED FOR INVITES BUT I'LL LEAVE THIS DISCUSSION FOR OTHERS TO PUT UP THEIR LINKS AND INVITE OTHERS TO JOIN WITH] Thanks for joining in with me!
Initiative Q is an attempt by ex-PayPal guys to create a new payment system instead of payment cards that were designed in the 1950s. The system uses its own currency, the Q, and to get people to start using the system once it's ready they are allocating Qs [Currency] for free to people that sign up now (the amount drops as more people join - so better to join early). Signing up is free and they only ask for your name and an email address. There's nothing to lose but if this payment system becomes a world leading payment method your Qs [Currency] can be worth a lot. If you missed getting bitcoin seven years ago, you wouldn't want to miss this.
You can download the Android/iPhone app, increase your social circle by inviting more people and let the community grow.
This initiative does not take any payment from you nor any personal details other than your email address. If the initiative kicks off ,it will be of great value.
submitted by hijamiruki to beermoneyph [link] [comments]

Bitcoin is like 'digital gold' and will not likely be utilized the exact same as a regular forex in at the very least 5 several years, billionaire investor Mike Novogratz claims | Currency News | Economic and Business News

Bitcoin is like 'digital gold' and will not likely be utilized the exact same as a regular forex in at the very least 5 several years, billionaire investor Mike Novogratz claims | Currency News | Economic and Business News submitted by wilkinsonknaggs1 to u/wilkinsonknaggs1 [link] [comments]

Bitcoin Market - October 22, 2020 || BTC Price (€10,955.66), Top Crypto News (Why Central Banks Want to Create Their Own Digital Currencies Like Bitcoin (link is external), Market Data

submitted by bitireland to bitcoin_ireland [link] [comments]

In today's episode of "Where did my Pedo Pesos Go ?", a Butter discovers "Bitcoin and transaction just disappeared from blockchain.com walllet" and "... it's like nothing ever happened" ... This new Currency of the Future sure is spooky ! 💪💪💪

submitted by Crypto_To_The_Core to Buttcoin [link] [comments]

10-12 15:56 - 'Well, you could mine it yourself. Or mine a different currency that matches your hardware better, and trade for BTC. Otherwise I'd buy something like XMR (non-anonymously), and then convert it to BTC to a new wallet add...' by /u/abstractbarista removed from /r/Bitcoin within 86-96min

'''
Well, you could mine it yourself. Or mine a different currency that matches your hardware better, and trade for BTC. Otherwise I'd buy something like XMR (non-anonymously), and then convert it to BTC to a new wallet address that is not connected to you in any way.
'''
Context Link
Go1dfish undelete link
unreddit undelete link
Author: abstractbarista
submitted by removalbot to removalbot [link] [comments]

09-23 22:35 - 'Each American will have an account at the Fed in which digital dollars would be deposited. Is a new payments instrument, digital cash, which would be just like the physical currency, but in a digita...' (clevelandfed.org) by /u/simplelifestyle removed from /r/Bitcoin within 347-357min

Each American will have an account at the Fed in which digital dollars would be deposited. Is a new payments instrument, digital cash, which would be just like the physical currency, but in a digital form, without the need for commercial banks via direct issuance into the users’ digital wallets.
Go1dfish undelete link
unreddit undelete link
Author: simplelifestyle
submitted by removalbot to removalbot [link] [comments]

I’m new and wondering what the best way to bitcoin is and the best wallets and how to transfer that to other currency’s like Xmr(I just downloaded Cake Wallet)

submitted by _Obi to darknet [link] [comments]

Wealthy people don't make money following the crowd. Always remember this. However, it is easy to preach but difficult to execute, because you get uneasy scary feeling in your stomach when you're going in the opposite direction of the masses.

Wealthy people don't make money following the crowd. Always remember this. However, it is easy to preach but difficult to execute, because you get uneasy scary feeling in your stomach when you're going in the opposite direction of the masses.
And this is why I am writing again, because I sense people are losing hope during the price dumps recently. It is normal for people to feel down when the price of their investments go down. Just as it is normal for people to feel invicible when the price of their investments hit all time high. Yet, it is during those moments when you should consider doing the opposite of what others are doing.
With some research, I wrote about the price manipulation in June 2019.
Source: https://1BCH.com/Tethers.pdf
I have also been saying that TPTB will not want a global currency such as Bitcoin to succeed. They wanted to hijack Bitcoin and they managed to do that successfully.
Source: https://np.reddit.com/btc/comments/cu05ea/psa_bitcoin_cash_is_pronounced_bcash/expqmoz/
And now we have Bitcoin Cash, the last hope for a global peer to peer money. I don't have evidence about price suppression until today, when Christopher Giancarlo, ex-chairman of CFTC, shared that the CFTC, the Treasury, the SEC and the NEC had come together to suppress the crypto prices. And I am sure there are lots more we did not know about.
Source: https://www.coindesk.com/trump-administration-popped-2017-bitcoin-bubble-ex-cftc-chair-says
Source: https://medium.com/@super.crypto1/4th-dimension-bitcoin-manipulation-cartel-can-it-be-burnt-no-way-c53de65c166a
My point is, between these price manipulation and suppression, Bitcoin Cash has to fight its battles and we are its soldiers. That's why I onboard users every chance I get, because each new user could be Bitcoin Cash's next star soldier.
With the American government drowning in trillions of dollars in debt, as do many other countries, while they keep devaluing their fiat currencies through inflation, I think it is more risky to hold their fiat currencies which they can devalue at will. Why would I want to hold something that has a 100% chance of losing their value over time, like fiat currencies, when I have an alternative global money like Bitcoin Cash?
The common criticism is that cryptocurrency prices are volatile. But if prices are stable, then how do you grow your investments? If it's $1 today and 10 years later, it's still $1, what's the point? Volatility is actually where great wealth are made.
Price aside. There are million of different things to invest in, so why Bitcoin Cash? Because I sense the world is going to shit. Governments are racing to devalue their own currencies for the trade war. It is a race for their fiat currencies to go down to zero. People are protesting around the world against their corrupted government. I want to be involved in a new currency like Bitcoin Cash, where it's the people's money, it's a single global money. When I was in Tokyo, I could survived entirely on Bitcoin Cash with all the different merchants. Back in my country, I could do the same. And I know in Australia and Slovenia, I could do the same as well. And these Bitcoin Cash adoption are increasing around the world but only if we work together to make it happen, because good things come to people who worked hard for it.
And I love Bitcoin Cash because when what happened in Venezuela or Greece or Cyprus starts happening to my country, I don't need to worry about going to the bank. I have already exit the rigged game where they are in control... because with Bitcoin Cash, I am in control of my own money.
submitted by MobTwo to btc [link] [comments]

Wealthy people don't make money following the crowd. Always remember this. However, it is easy to preach but difficult to execute, because you get uneasy scary feeling in your stomach when you're going in the opposite direction of the masses.

Wealthy people don't make money following the crowd. Always remember this. However, it is easy to preach but difficult to execute, because you get uneasy scary feeling in your stomach when you're going in the opposite direction of the masses.
And this is why I am writing again, because I sense people are losing hope during the price dumps recently. It is normal for people to feel down when the price of their investments go down. Just as it is normal for people to feel invicible when the price of their investments hit all time high. Yet, it is during those moments when you should consider doing the opposite of what others are doing.
With some research, I wrote about the price manipulation in June 2019.
Source: https://1BCH.com/Tethers.pdf
I have also been saying that TPTB will not want a global currency such as Bitcoin to succeed. They wanted to hijack Bitcoin and they managed to do that successfully.
Source: https://np.reddit.com/btc/comments/cu05ea/psa_bitcoin_cash_is_pronounced_bcash/expqmoz/
And now we have Bitcoin Cash, the last hope for a global peer to peer money. I don't have evidence about price suppression until today, when Christopher Giancarlo, ex-chairman of CFTC, shared that the CFTC, the Treasury, the SEC and the NEC had come together to suppress the crypto prices. And I am sure there are lots more we did not know about.
Source: https://www.coindesk.com/trump-administration-popped-2017-bitcoin-bubble-ex-cftc-chair-says
Source: https://medium.com/@super.crypto1/4th-dimension-bitcoin-manipulation-cartel-can-it-be-burnt-no-way-c53de65c166a
My point is, between these price manipulation and suppression, Bitcoin Cash has to fight its battles and we are its soldiers. That's why I onboard users every chance I get, because each new user could be Bitcoin Cash's next star soldier.
With the American government drowning in trillions of dollars in debt, as do many other countries, while they keep devaluing their fiat currencies through inflation, I think it is more risky to hold their fiat currencies which they can devalue at will. Why would I want to hold something that has a 100% chance of losing their value over time, like fiat currencies, when I have an alternative global money like Bitcoin Cash?
The common criticism is that cryptocurrency prices are volatile. But if prices are stable, then how do you grow your investments? If it's $1 today and 10 years later, it's still $1, what's the point? Volatility is actually where great wealth are made.
Price aside. There are million of different things to invest in, so why Bitcoin Cash? Because I sense the world is going to shit. Governments are racing to devalue their own currencies for the trade war. It is a race for their fiat currencies to go down to zero. People are protesting around the world against their corrupted government. I want to be involved in a new currency like Bitcoin Cash, where it's the people's money, it's a single global money. When I was in Tokyo, I could survived entirely on Bitcoin Cash with all the different merchants. Back in my country, I could do the same. And I know in Australia and Slovenia, I could do the same as well. And these Bitcoin Cash adoption are increasing around the world but only if we work together to make it happen, because good things come to people who worked hard for it.
And I love Bitcoin Cash because when what happened in Venezuela or Greece or Cyprus starts happening to my country, I don't need to worry about going to the bank. I have already exit the rigged game where they are in control... because with Bitcoin Cash, I am in control of my own money.
submitted by MobTwo to Bitcoincash [link] [comments]

The Crypto-Gold Standard: A Libertarian Alternative to Bitcoin

Hi, I'm Clint, a computer scientist + lawyer trying to privatize money – except without the problems that come with starting a new currency like Bitcoin. I've spent the last 2 years building a new protocol, called KRNC, and now I need to go out and tell people about it.
My work is based heavily on my libertarian beliefs... so, here I am. I'm trying to put those beliefs into action to change the world for the better.
Basically, I think that letting the government have the power to create an unlimited quantity of money is dangerous, and it imperils the stability of our economy, as well as our fundamental freedoms. However, I believe that rebooting the entire monetary system from scratch using a new currency is also dangerous and potentially unfair, since it could erase the savings of lots of hard-working people who don't have the good fortune to "get in early."
So... what's the solution? Well, I've invented a new technology called Proof-of-Balance that allows the private sector to bring back a crypto-version of the Gold Standard. It can provide cryptographic "weight" to protect the value of the money everyone already owns. I've written a blog post that describes the most basic concept and a FAQ that provides more details. Please check them out and let me know if I can answer any question.
Thanks a lot!
submitted by ClintEhrlich to Libertarian [link] [comments]

Can a country who's inflation rate is astronomically high like Vietnam just make a new currency, like how Bitcoin was just created out of nowhere, and use that as their standard instead?

Secondary question, could the US buy Bitcoins and use those to pay off the national debt?
Hows about using said purchased Bitcoin or other crypto currency for any future projects/endeavors?
submitted by Xiaxs to NoStupidQuestions [link] [comments]

A new digital currency to get behind... nothing to lose, possible $$$ to gain should “Q” become a viable payment form in the future. Own “Q” now— cash out in a few years when valued. Who knows? It might be worth its weight in gold and become a giant like Bitcoin. I have 3 referrals left. Read below

Initiative Q is an attempt by ex-PayPal guys to create a new payment system instead of payment cards that were designed in the 1950s. The system uses its own currency, the Q, and to get people to start using the system once it's ready they are allocating Qs for free to people that sign up now (the amount drops as more people join - so better to join early). Signing up is free and they only ask for your name and an email address. There's nothing to lose but if this payment system becomes a world leading payment method your Qs can be worth a lot. If you missed getting bitcoin seven years ago, you wouldn't want to miss this.
Here is my invite link: https://initiativeq.com/invite/bN7hKik3d
This link will stop working once I’m out of invites. Let me know after you registered, because I need to verify you on my end.
submitted by lulyruly to referralcodes [link] [comments]

Jordan Peterson is sympathetic towards currencies and it looks like after leaving Patreon he is launching his new platform possibly based also on Bitcoin

Jordan Peterson is sympathetic towards currencies and it looks like after leaving Patreon he is launching his new platform possibly based also on Bitcoin submitted by Sherlockcoin to Bitcoin [link] [comments]

Like bitcoin and other crypto currencies? Come check out Blockchain Radio! All the updated crypto News!

Like bitcoin and other crypto currencies? Come check out Blockchain Radio! All the updated crypto News! submitted by BigBlockchainFan to Advertise [link] [comments]

@nytimesbusiness: Facebook’s new cryptocurrency, called Libra, will be directly backed by government currencies like the dollar or euro. So unlike Bitcoin, it will not fluctuate in value any more than real-world money. https://t.co/7rQmUxM3of https://t.co/5BoUbloFnT

submitted by -en- to newsbotbot [link] [comments]

Cryptos Like Bitcoin Are the Most Manipulated Currencies in the Market | SOTN: Alternative News, Analysis & Commentary’

Cryptos Like Bitcoin Are the Most Manipulated Currencies in the Market | SOTN: Alternative News, Analysis & Commentary’ submitted by 911bodysnatchers322 to TruthLeaks [link] [comments]

Moving away from politics: Blockchain technology

I know Myanmar Stock Exchange will be using Blockchain technology according to Nikkei. And I saw a that six big banks are doing a cash settlement project using blockchain technology couple days ago.
You can read it here (https://www.reuters.com/article/us-blockchain-banks/six-big-banks-join-blockchain-digital-cash-settlement-project-idUSKCN1BB0UA).
Do you guys think Myanmar banking sector should invest in this technology and move away from physical currency to digital one? I don't have a degree in business nor economics but let me tell what I think this technology could be.
This digital currency does not have to be completely new currency like bitcoin and ethereum. It could be backed by the government and issued by the government and banks. i.e. National/Foreign ID is tied to a wallet. It can also have same value as kyat and based on an algorithm that cap the total circulating amount of Kyat right now. If done correctly, currency will be resistant to inflation.
I know that current government doesn't want to print money. That is very assuring that kyat won't inflate further and it will attract better investments in long term. However, the government always needs to print money if the banks exist. I don't mean that banks can't co-exists in this new technology. Banks still needs to facilitate currency exchanges, mortgage plus other financial plans and provide better security services if we moved on to digital currency. But policies must make clear that banks can not duplicate/issue this currency as they want and run like a high profit making business. As it is a block chain technology, everyone can see who is the richest person and the accounts will be more or less transparent. If you have 1000 kyat in your wallet, everyone can see it. If you have 1000 kyat in your bank, government can request your bank statement like usual. I think the digital currency would be more transparent, easy to track crime, money laundering, tax evasion and corruption in general. And you can say goodbye to detecting fake paper money.
Personally, I don't think Myanmar will achieve digital only currency system in 21st century but we can dream right.
submitted by Xerivar to myanmar [link] [comments]

Sounds like Italy wants a huge debt writeoff, I think we might need a new currency to replace the EURO fairly soon. Any ideas? (hint: bitcoin Cash)

https://www.express.co.uk/finance/city/960601/italy-news-coalition-M5S-5-star-league-euro-debt-ecb
submitted by awless to btc [link] [comments]

THE NEW CURRENCY REPLACEMENT FOR BITCOIN Top 10 Cryptocurrencies for 2020: Safe Like Bitcoin + Users Like Ethereum? [NO BIAS] Bitcoin The New Global Currency, 2020 Supply Shock, $1.3 Billion AUC & $12,000 Bitcoin David Seaman: Crypto Currencies Like Bitcoin/Ethereum ... Bitcoin ETF - Pump or Dump?  Cryptocurrency News

Bitcoin takes a breather ahead of massive price action. Bitcoin soared to new yearly highs, as reported on October 22. However, a reversal took place, sending the flagship cryptocurrency under ... Bitcoin price blasted yesterday over $1,000 to a high of $13,200 and has reignited interest in the crypto market once again in a major way. A new 2020 high was set on the BTCUSD pair, but a higher peak over the 2019 top has yet to be reached. Elsewhere in the world, however, the leading ... Below, we’ll examine some of the most important digital currencies other than bitcoin. First, though, a caveat: it is impossible for a list like this to be entirely comprehensive. Central bank digital currencies are perhaps one of the most transformative developments in our world financial system currently in development. CBDC are digital assets, but they are not cryptocurrencies and in fact strike at the heart of the very philosophy that brought Bitcoin into existence. Central banks around the world are competing to be the first to release their central bank digital ... Bitcoin is the monetary base of the Internet. Unlike national currencies, new bitcoins are created by a fixed and finite supply.¹ In an era of unprecedented monetary expansion Bitcoin’s value…

[index] [34366] [19912] [42055] [14393] [40597] [27490] [13913] [7739] [39050] [21582]

THE NEW CURRENCY REPLACEMENT FOR BITCOIN

It's time to join the CRYPTOCURRENCY Revolution.. Onecoin Teachs you the secrets of Trading, Investing ad Profiting from Crypto-Currency while winning your onecoins. Get Educated financially ... Bitcoin The New Global Currency, 2020 Supply Shock, $1.3 Billion AUC & $12,000 Bitcoin The Modern Investor. Loading... Unsubscribe from The Modern Investor? Cancel Unsubscribe. Working ... Digital currencies like bitcoin are coming (and it's a good thing): Juan Llanos at TEDxMidAtlantic - Duration: 10:47. TEDx Talks 50,949 views Jun.18 -- Facebook Inc. unveiled plans for a new cryptocurrency that the social-media giant hopes will one day trade on a global scale much like the U.S. dollar. Called Libra, the new currency ... Jason Burack of Wall St for Main St had on first time guest, former reporter, money researcher and Bitcoin and Crypto Currency Expert, David Seaman https://w...

#